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Retail Building Supply - Hardware Store For Sale
Location Michigan,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1191000
Net Profit / Cash Flow $254000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1911
Number of Employees 4 - 5
Inventory 515000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training The owner also will stay on in a training or consultative position if a new owner desires. The staff will be available after the sale.
Reason for Sale Retirement.
Description FAIR OFFERS ARE OPEN TO CONSIDERATION. This fabulous home improvement center has been in existence since 1911. Present ownership started in 1993. Whether you're an experienced contractor or a do-it-yourselfer, chances are you need the right tools and materials to complete the job. This home improvement center carries all the quality products a customer needs to execute a project. They have everything a customer or contractor wants or needs to complete any home improvement projects.
This wonderful retail home improvement center has built a solid customer base offering their customers excellent service and great prices. There is no big-box competition! This company's services and products offered are: Building Materials, Lumber & Supplies, Hardware, Insulation, Roofing Materials, Gutter Supplies, Paints: Interior / Exterior, Computerized Color Matching, Put Your Custom Color in a Spray Can (Your Caulk, Too), Hand Tools & Power Tools, Paslode Pneumatic & Impulse Tools, Complete Bathrooms, Countertops, Computerized Kitchen Design, Materials & Layout, Computerized Deck Design & Materials, Electrical Supplies and Plumbing Supplies They carry top name brands such as: -Kitchen Cabinets: Kraftmaid -Interior & Exterior Paint: Valspar -Stains: Sikkens, Olympic & Minwax -Shingles: CertainTeed -Garage Doors: Gadco -Exterior Doors: Masonite -Countertops: Formica -Power Tools: Dewalt.
With 5 buildings and 2 floors, this fenced property is very spacious. The buildings include Main retail center, 2 pole barns, shingle storage and a chamber building. The main building consists of retail space, shop area, plenty of storage, and offices.
With 90% repeat clientele, this business's long history, excellent services and fair pricing keep customers returning. Adding a tool room and a millwork shop, Selling specialty countertops and acquiring vending machines to sell to contractors Could increase profits. All equipment, vehicles and property are included in the Asking price of $785k!
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